13,634 Shares in Akamai Technologies, Inc. $AKAM Purchased by Integrated Advisors Network LLC

Integrated Advisors Network LLC purchased a new stake in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 13,634 shares of the technology infrastructure company’s stock, valued at approximately $1,450,000.

Other hedge funds have also modified their holdings of the company. Edmond DE Rothschild Holding S.A. acquired a new stake in shares of Akamai Technologies in the second quarter valued at approximately $222,046,000. William Blair Investment Management LLC acquired a new position in Akamai Technologies during the 2nd quarter worth $181,508,000. Legal & General Group Plc acquired a new position in Akamai Technologies during the 2nd quarter worth $159,564,000. Atreides Management LP bought a new stake in shares of Akamai Technologies during the second quarter worth $107,640,000. Finally, Southpoint Capital Advisors LP acquired a new position in shares of Akamai Technologies during the first quarter valued at $91,880,000. 94.28% of the stock is owned by institutional investors.

Akamai Technologies Price Performance

AKAM opened at $90.27 on Thursday. The company has a fifty day moving average price of $106.84 and a two-hundred day moving average price of $117.48. The firm has a market capitalization of $12.97 billion, a PE ratio of 32.47, a P/E/G ratio of 4.22 and a beta of 0.62. Akamai Technologies, Inc. has a 52 week low of $70.82 and a 52 week high of $165.45. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.64 and a current ratio of 1.64.

Akamai Technologies (NASDAQ:AKAM) last posted its quarterly earnings results on Thursday, August 6th. The technology infrastructure company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.02. Akamai Technologies had a return on equity of 11.32% and a net margin of 9.51%. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same period last year, the company earned $1.73 EPS. The firm’s revenue was up 5.4% on a year-over-year basis. Akamai Technologies has set its Q3 2026 guidance at 1.600-1.800 EPS and its FY 2026 guidance at 6.400-7.050 EPS. As a group, analysts anticipate that Akamai Technologies, Inc. will post 3.58 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on AKAM shares. Guggenheim raised their price target on Akamai Technologies from $190.00 to $225.00 and gave the company a “buy” rating in a report on Friday, September 25th. UBS Group lifted their price objective on Akamai Technologies from $143.00 to $148.00 and gave the stock a “neutral” rating in a research report on Friday, September 25th. HSBC cut Akamai Technologies from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $171.00 to $123.00 in a report on Monday, August 10th. President Capital upped their target price on shares of Akamai Technologies from $150.00 to $168.00 and gave the company a “buy” rating in a research report on Wednesday, September 30th. Finally, Evercore reaffirmed an “outperform” rating on shares of Akamai Technologies in a research note on Friday, September 25th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $148.29.

Insider Activity at Akamai Technologies

In other Akamai Technologies news, EVP Paul Joseph sold 3,100 shares of the stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $105.63, for a total value of $327,453.00. Following the transaction, the executive vice president owned 28,472 shares of the company’s stock, valued at approximately $3,007,497.36. This represents a 9.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mani Sundaram sold 7,022 shares of the stock in a transaction dated Friday, September 25th. The shares were sold at an average price of $125.62, for a total value of $882,103.64. Following the completion of the transaction, the executive vice president directly owned 14,625 shares in the company, valued at $1,837,192.50. The trade was a 32.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 12,135 shares of company stock worth $1,467,221. 2.30% of the stock is owned by insiders.

Akamai Technologies Company Profile

Akamai Technologies, Inc provides cloud, cybersecurity and content-delivery services that help organizations operate and protect applications, websites and digital media over the internet. Its distributed edge platform is designed to deliver online content closer to end users while improving performance, availability and resilience.

The company’s services include content delivery and application performance solutions, cloud computing capabilities, web and application security, distributed denial-of-service protection, bot management and zero-trust security tools.